Canada Financial News
29.06 / 12:07
Government
Blockchain
Law
Adoption
committee
Support
Canadian committee proposes measures to support blockchain, crypto
Canadian lawmakers have shown their support for blockchain technology and cryptocurrencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons.
29.06 / 09:51
Blockchain
cryptocurrency
Stablecoin
regulation
Tax
lawmakers
Landmark Report: Canadian Lawmakers Advocate for Comprehensive Blockchain Strategy
Canadian lawmakers' recent report has recognized blockchain, crypto, and mining as innovative industries with "significant, long-term" potential, in need of better regulation.
28.06 / 16:47
28.06 / 11:47
business
Blockchain
Law
Bankruptcy
Voyager to pay $1.1M in legal fees incurred in April
Bankrupt crypto brokerage Voyager Digital is obligated to pay $1.1 million to its legal adviser, Kirkland & Ellis, for fees and expenses associated with its involvement in the company’s bankruptcy proceedings in April.
27.06 / 10:53
CoinShares
Investment
Bitcoin
Renewed Institutional Interest: Crypto Inflows Surge After BlackRock's Bitcoin ETF Filing
Investment funds backed by digital assets saw their largest weekly inflows in a year last week, with $199 million being added to the sector.
26.06 / 07:37
HSBC
exit
HSBC set to exit Canary Wharf HQ in a move to downsize
HSBC is expected to tell staff today that it will downsize and quit its Canary Wharf headquarters where it has held its main UK presence for more than two decades.
23.06 / 11:25
Blockchain
Adoption
regulation
services
regulatory approval
regulatory
Crypto.com receives regulatory approval to offer crypto services in Spain
Singapore based cryptocurrency exchange service provider Crypto.com has obtained a virtual asset service provider (VASP) registration from the Bank of Spain. The regulatory approval would allow the exchange to offer a range of crypto-focused services to customers in Spain, a country which has shown a positive crypto stance in recent times.
23.06 / 11:15
22.06 / 17:07
UPS
Platform
regulatory
Beware of Fake Regulatory Claims by Crypto Firms, Warns Canadian Securities Administrators
Canada’s crypto sector has seen a rise in the number of companies that falsely claim to be authorized to offer their services in the country, according to the Canadian Securities Administrators (CSA).
21.06 / 16:19
Blockchain
Tether
USDT
Apple
Gaming
Court
Fidelity
Backed
Crypto Companies
Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
21.06 / 03:39
regulation
Fraud
regulatory
Crypto firms tout 'fictitious' regulatory stamps, Canadian regulator warns
Canadian citizens are being advised to double-check crypto trading service providers as they may be using “fictitious” regulatory bodies to boost their credibility.
20.06 / 16:35
business
Gemini
Asia
expansion
Gemini plans Asia-Pacific expansion as part of 'next wave of growth for crypto'
United States-based cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has announced plans to expand into the Asia-Pacific region.
19.06 / 18:35
markets
Digital Currency
Investments
Altcoin
Digital Asset
Bitcoin
Crypto Investment Products
week
Crypto investment products experience outflows for 9th consecutive week
On June 19, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” revealing that cryptocurrency investment products experienced outflows totaling $5.1 million last week. The outflows contributed to the continuation of a nine-week streak of outflows, resulting in a cumulative total of $423 million.
16.06 / 02:06
business
Investments
Trading
SEC
cryptocurrency investment
spot bitcoin
approved
BlackRock applies for spot Bitcoin ETF — a US first if approved
BlackRock has filed an application for a Bitcoin spot exchange traded fund (ETF). The investment company is the world’s largest and it would be the first crypto spot ETF in the United States, if it receives approval.
12.06 / 21:33
Blockchain
Ripple
XRP
Toronto
Validator
Ripple expands Canadian engineering activities with U of Toronto XRP validator
The University of Toronto plans to launch an independent XRP Ledger validator, Ripple announced June 12 as the university will become part of Ripple’s University Blockchain Research Initiative (UBRI). The partnership will support blockchain and crypto technology research at the university.
12.06 / 09:47
Pool
A16z crypto opens first overseas office in UK
In a blog post announcing the move, the firm states: "While there is still work to be done, we believe that the UK is on the right path to becoming a leader in crypto regulation. The UK also has deep pools of talent, world-leading academic institutions, and a strong entrepreneurial culture.
10.06 / 14:45
Bank of Canada’s Beaudry Sees Signs of New Era of Higher Interest Rates
OTTAWA—A senior Bank of Canada official cautioned it is likely that longer-term real interest rates will remain elevated relative to prepandemic levels and will be higher than Canadians are used to in the coming years.
09.06 / 10:43
Bank of Canada’s Beaudry Sees Signs of New Era of Higher Interest Rates
OTTAWA—A senior Bank of Canada official cautioned it is likely that longer-term real interest rates will remain elevated relative to prepandemic levels and will be higher than Canadians are used to in the coming years.
08.06 / 19:53
Binance
SEC
Binance.us
Documents Reveal Binance.US Suffered a $181 Million Loss in 2022
Binance’s US branch, Binance.US, was deeply unprofitable in 2022 and lost as much as $181 million for the year, a new filing made by the Securities and Exchange Commission (SEC) has revealed.
07.06 / 11:19
NFT
Non-fungible tokens
Metaverse
Fashion
Backed
Louis Vuitton Set to Launch $42,000 Physical-Backed NFT Trunks
French luxury fashion house Louis Vuitton has announced its first non-fungible token (NFT) collection, with each iconic-trunk-turned-digital-collectible coming with a tag of nearly $42,000.
03.06 / 04:23
business
Adoption
CoinATMRadar
Net Bitcoin ATMs record an increase after 4 months of global downtrend
Breaking the year-long trend of declining Bitcoin (BTC) and crypto ATMs across the globe, May recorded a steep increase in net installations with nearly 1,400 machines.
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